The grand pattern of development and the transition of institutions:
The culmination of a long-lasting and impressive research program, this book summarizes the relationship between economic development with income on the one hand and the evolution of institutions on the other; the transition of countries from one economic and social system to another. The author con...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2021
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | The culmination of a long-lasting and impressive research program, this book summarizes the relationship between economic development with income on the one hand and the evolution of institutions on the other; the transition of countries from one economic and social system to another. The author considers the transitions of two types of institutions: The first is external; it is legal-administrative systems with staff and buildings. The political system and the economic system are considered. The second consists of traditions and beliefs. Here corruption and religiosity are considered. Contrary to the claim that institutions are causal to development, this book demonstrates that the main direction of causality is from income to institutions. As countries get wealthy, they become secular democracies with low corruption and a mixed economic system. In this impressive coda, Paldam shows that the evolution of institutions is not causal to the economic growth process but rather follows it |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 27 Aug 2021) |
| Beschreibung: | 1 Online-Ressource (xx, 266 Seiten) |
| ISBN: | 9781009025898 |
| DOI: | 10.1017/9781009025898 |
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| indexdate | 2024-07-10T09:13:36Z |
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| isbn | 9781009025898 |
| language | English |
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| spelling | Paldam, Martin 1942- (DE-588)128818816 aut The grand pattern of development and the transition of institutions Martin Paldam Cambridge Cambridge University Press 2021 1 Online-Ressource (xx, 266 Seiten) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 27 Aug 2021) The culmination of a long-lasting and impressive research program, this book summarizes the relationship between economic development with income on the one hand and the evolution of institutions on the other; the transition of countries from one economic and social system to another. The author considers the transitions of two types of institutions: The first is external; it is legal-administrative systems with staff and buildings. The political system and the economic system are considered. The second consists of traditions and beliefs. Here corruption and religiosity are considered. Contrary to the claim that institutions are causal to development, this book demonstrates that the main direction of causality is from income to institutions. As countries get wealthy, they become secular democracies with low corruption and a mixed economic system. In this impressive coda, Paldam shows that the evolution of institutions is not causal to the economic growth process but rather follows it Economic development Erscheint auch als Druck-Ausgabe 978-1-31-651550-1 https://doi.org/10.1017/9781009025898 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Paldam, Martin 1942- The grand pattern of development and the transition of institutions Economic development |
| title | The grand pattern of development and the transition of institutions |
| title_auth | The grand pattern of development and the transition of institutions |
| title_exact_search | The grand pattern of development and the transition of institutions |
| title_exact_search_txtP | The grand pattern of development and the transition of institutions |
| title_full | The grand pattern of development and the transition of institutions Martin Paldam |
| title_fullStr | The grand pattern of development and the transition of institutions Martin Paldam |
| title_full_unstemmed | The grand pattern of development and the transition of institutions Martin Paldam |
| title_short | The grand pattern of development and the transition of institutions |
| title_sort | the grand pattern of development and the transition of institutions |
| topic | Economic development |
| topic_facet | Economic development |
| url | https://doi.org/10.1017/9781009025898 |
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